Floods in Major Growing State Dent Malaysia Palm Oil Output

Palm oil output in Sabah is set for a sharp decline this month as heavy rainfall and floods hammer plantations in one of Malaysia’s key producing states, potentially easing a...

By Anuradha Raghu · Bloomberg Markets

Palm oil output in Sabah is set for a sharp decline this month as heavy rainfall and floods hammer plantations in one of Malaysia’s key producing states, potentially easing a glut that’s weighed on prices for the crop.